ING Direct 2015 Annual Report Download - page 219

Contents
Report of the
Executive Board
Corporate
Governance
Consolidated
annual accounts
Parent company
annual accounts
Other
information
Additional
information
Notes to the Consolidated annual accounts of ING Group - continued
Standard & Poor’s
Moody’s
Fitch
Rating
Outlook
Rating
Outlook
Rating
Outlook
ING Bank N.V.
− long-term
A
Stable
A1
Stable
A
Stable
− short-term
A-1
P-1
F1
ING’s key credit ratings and outlook are shown in the table above. Each of these ratings reflects only the view of the applicable rating
agency at the time the rating was issued, and any explanation of the significance of a rating may be obtained only from the rating
agency.
A security rating is not a recommendation to buy, sell or hold securities and each rating should be evaluated independently of any
other rating. There is no assurance that any credit rating will remain in effect for any given period of time or that a rating will not be
lowered, suspended or withdrawn entirely by the rating agency if, in the rating agency’s judgment, circumstances so warrant. ING
accepts no responsibility for the accuracy or reliability of the ratings.
Main credit ratings of ING at 31 December 2015
ING Group Annual Report 2015 217